We are live on ! Find out more
SABA

Saba Capital Income & Opportunities Fund II
SABA

131 hedge funds and large institutions have $172M invested in Saba Capital Income & Opportunities Fund II in 2016 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 30 increasing their positions, 43 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 10

2% more funds holding

Funds holding: 128 → 131 (+3)

0.15% less ownership

Funds ownership: 10.21% → 10.07% (-0.15%)

4% less capital invested

Capital invested by funds: $179M → $172M (-$6.71M)

20% less funds holding in top 10

Funds holding in top 10: 5 → 4 (-1)

30% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 43

Holders
131
Holders Change
+3
Holders Change %
+2.34%
% of All Funds
3.5%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.11%
New
16
Increased
30
Reduced
43
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
CFP
Cornerstone Financial Partners
North Carolina
+$2.05M
2
BFM
Boston Financial Management
Massachusetts
+$1.64M
3
SFS
Shaker Financial Services
Virginia
+$1.07M
4
Invesco
Invesco
Georgia
+$1.06M
5
RJFSA
Raymond James Financial Services Advisors
Florida
+$783K

Top Sellers

1
LPL Financial
LPL Financial
California
-$4.08M
2
NMC
Nine Masts Capital
Hong Kong
-$1.23M
3
AA
AQR Arbitrage
Connecticut
-$1.17M
4
LCM
Landscape Capital Management
New Jersey
-$953K
5
Wells Fargo
Wells Fargo
California
-$719K
Name Holding Trade Value Shares
Change 		Change in
Stake
NFG
101
Next Financial Group
Texas
$64K – – –
SIG
102
Stanford Investment Group
California
$64K – – –
AF
103
Allworth Financial
California
$62K – – –
ClearBridge Investments
104
ClearBridge Investments
New York
$32K – – –
GI
105
Gradient Investments
Minnesota
$26K -$4.18K -325 -14%
Bank of Montreal
106
Bank of Montreal
Ontario, Canada
$23K +$22.9K +1,782 New
IF
107
Ironwood Financial
Arizona
$22K – – –
TCM
108
Tradewinds Capital Management
Washington
$21K – – –
SSB
109
Sandy Spring Bank
Maryland
$18K -$28.8K -2,235 -61%
Deutsche Bank
110
Deutsche Bank
Germany
$17K +$193 +15 +1%
Envestnet Asset Management
111
Envestnet Asset Management
Illinois
$16K -$2.5K -194 -13%
HIIFS
112
Harel Insurance Investments & Financial Services
Israel
$16K – – –
CFG
113
CKW Financial Group
Hawaii
$15K – – –
FIB
114
First Interstate Bank
Montana
$15K – – –
APSP
115
Asset Planning Services (Pennsylvania)
Pennsylvania
$14K +$167 +13 +1%
WP
116
WealthPLAN Partners
Nebraska
$12.5K +$25.3K +1,968 New
Citigroup
117
Citigroup
New York
$9K – – –
GWM
118
Geneos Wealth Management
Colorado
$9K – – –
WTB
119
Washington Trust Bank
Washington
$9K – – –
PCM
120
Penserra Capital Management
California
$9K +$515 +40 +6%
TSW
121
Thompson Siegel & Walmsley
Virginia
$8K – – –
Manulife (Manufacturers Life Insurance)
122
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$7K +$6.73K +523 New
TRCT
123
Tower Research Capital (TRC)
New York
$6K +$5.83K +453 New
EWM
124
Endurance Wealth Management
Rhode Island
$5K – – –
HNB
125
Huntington National Bank
Ohio
$5K – – –
2 3 4
5
6

SABA Hedge Fund Activity: Q2 2016 in Review

131 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Saba Capital Income & Opportunities Fund II (SABA) for Q2 2016, worth a combined $172M — down 3.7% from $179M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new SABA positions and 10 closed out — a net gain of 6 holders — while 30 added to existing stakes and 43 trimmed.

The largest buyer was Cornerstone Financial Partners, adding an estimated $2.05M. The largest seller was LPL Financial, cutting an estimated $4.08M.

  • 131 institutional investors held Saba Capital Income & Opportunities Fund II (SABA) as of Q2 2016, up from 128 in Q1 2016.
  • Funds reported $172M of Saba Capital Income & Opportunities Fund II stock for Q2 2016, down 3.7% quarter-over-quarter.
  • 16 funds opened new Saba Capital Income & Opportunities Fund II positions in Q2 2016 and 10 closed out, a net change of +6 holders.
  • The largest Saba Capital Income & Opportunities Fund II buyer in Q2 2016 was Cornerstone Financial Partners, an estimated $2.05M added.
  • The largest Saba Capital Income & Opportunities Fund II seller in Q2 2016 was LPL Financial, an estimated $4.08M sold.

Based on aggregated 13F filings for Q2 2016.